The full Accord Buy To Let range has been relaunched with reduced rates, extended end dates and increased cashback on house purchase products.
The changes have been made across multiple terms and loan-to-values (LTVs) to offer brokers with landlord clients a more competitive offering.
Highlights for those looking to remortgage include:
- Two-year fee-free fixed-rate at 2.24% (was 2.46%) at 75% LTV, with £250 cashback and free standard valuation
- Three-year fee-free fixed-rate at 3.47% (was 3.82%) at 80% LTV, with £250 cashback and free standard valuation
- Five-year fixed rate at 2.32% (was 2.50%) at 75% LTV, with £195 product fee, £250 cashback and free standard valuation
For house purchasing clients, the range includes:
- Two-year fixed-rate at 3.47% (was 3.95%) at 80% LTV, with £950 product fee, £1,000 cashback and free standard valuation
- Three-year fee-free fixed-rate at 3.47% (was 3.82%) at 80% LTV, with £500 cashback and free standard valuation
- Five-year fixed rate at 3.57% (was 3.95%) at 80% LTV, with £950 product fee, £1,000 cashback and free standard valuation
Simon Garner, Accord Buy To Let product manager said: “This refresh has been a chance to review our full range and ensure we are meeting the needs of landlords, whether they are in the market for a new addition to their portfolio, or looking at remortgaging on existing properties. We’ve been able to reduce rates to offer more competitive products as well as increase many of our house purchase cashback incentives from £250 to £500.
“We’ll continue to monitor the market post-election and as always, we are happy to discuss individual cases with brokers if they have specific questions about affordability or criteria.”